Tag: plans

Shell Plans Significant Investment Surge in Egypt’s Gas Sector | Egypt: Arcius kicks off offshore…

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Shell Plans Significant Investment Surge in Egypt's Gas Sector

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Shell plc SHEL is reportedly planning to increase its investments in Egypt’s energy sector, demonstrating a strong commitment to the country’s efforts to boost natural gas production capabilities, according to Oil & Gas Middle East. This strategic move is part of Egypt’s broader goal of becoming a dominant regional energy hub, leveraging its vast resource base, strategic location and existing infrastructure. As the demand for natural gas surges across the globe, Egypt is well-positioned to play a central role in meeting this demand, especially in the Eastern Mediterranean region.

Egypt: Arcius kicks off offshore drilling

A joint venture of BP and Abu Dhabi National Oil Corporation (Adnoc) subsidiary XRG is to start a new offshore drilling campaign in Egypt.

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April 6, 2026
KPMG plans to cut hundreds of jobs in UK auditing division | KPMG Layoffs: Company Set To Cut Up …

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KPMG plans to cut hundreds of jobs in UK auditing division

London | KPMG is cutting close to 600 UK jobs as the big four accountancy firm struggles to reduce costs amid a harsher market.

Staff were told on a hastily convened call that KPMG would axe about 440 assistant manager roles in the firm’s audit business, out of a total of 590 roles that are “at risk” within the division, according to people familiar with the matter.

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KPMG Layoffs: Company Set To Cut Up to 440 Audit Roles in UK Amid Consulting Slowdown and Digital Shifts

London, March 30: KPMG UK has announced plans to reduce its workforce by approximately 440 roles within its audit practice, marking a significant restructuring for the "Big Four" accounting firm. The decision comes as the professional services sector faces a cooling demand for consulting and advisory work, coupled with a broader effort to streamline operations and enhance long-term profitability.

The proposed layoffs represent roughly 6% of the firm's UK audit staff, which currently totals more than 7,000 employees. While the audit sector has traditionally been seen as a stable revenue driver, the firm has indicated that the current economic climate and internal performance targets necessitate a "right-sizing" of the department to maintain a competitive edge. Tech Layoffs 2026: Meta, Amazon, and Epic Games Slash Workforce Amid Strategic Industry Realignments.

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March 30, 2026
Fans left in the rain as plans for Leichhardt Oval roof scrapped | LIVE: Wests Tigers vs Cowboys …

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LIVE: Wests Tigers vs Cowboys – Round 2, 2026

The Wests Tigers face the North Queensland Cowboys in Round 2 of the 2026 NRL season. Follow the live scores, team lists, match statistics and key moments from the game at Leichhardt Oval.

Get set for the footy with the FREE Zero Tackle 2026 NRL Season Guide! Packed with 130+ pages of player profiles, team previews, insights and analysis, the 2026 NRL Season Guide is built for fans who want the full picture. Download your free Season Guide HERE.

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March 14, 2026
J.Cole plans concert tour with stops in Charlotte, Fayetteville | Rapper J. Cole to make Phoenix …

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J.Cole plans concert tour with stops in Charlotte, Fayetteville

J.Cole, the Fayetteville-born rapper who named an album after his childhood home address, will come home again on his upcoming international tour.

The tour opens in Charlotte on July 11 and includes a stop in Fayetteville Sept. 23. Those are the only two shows in the Carolinas on a tour that will last into December and include international stops like London, Paris, Sydney and Johannesburg.

Rapper J. Cole to make Phoenix stop in September during ‘Fall-Off Tour’

PHOENIX (AZFamily) — J. Cole’s first solo headline tour in half a decade will make a stop in the Valley of the Sun this fall, as the award-winning rapper and record producer rides the momentum of his latest album’s runaway success.

Live Nation announced Monday that J. Cole will perform at the Mortgage Matchup Center in Phoenix on Sept. 10 as part of The Fall-Off Tour, tied to his just-released seventh studio album, which he has described as his final project.

J. Cole’s album “The Fall-Off” debuted at No. 1 on the Billboard 200 with the best weekly number of any R&B or hip-hop album in 11 months, according to Variety. The rapper last topped the Billboard 200 in 2018 when he released his sixth studio album, "The Off-Season."

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February 17, 2026
Amazon plans to spend big on AI but shares slump | Amazon Says It Will Spend $200 Billion This Ye…

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Amazon plans to spend big on AI but shares slump

Amazon on Thursday joined the other US tech giants in announcing a huge increase in spending on artificial intelligence (AI) projects and infrastructure, which seemed to knock back investors.

Reporting on its past year's financial performance, Amazon said it was expecting to spend $200bn this year on building out its business, much of it on AI.

That is a significant increase from last year, when it spent $125bn. The company's stock dipped in after hours trading by 10%.

While Amazon's spending plans are now the most aggressive among the Big Tech companies, including Meta, Google and Microsoft, collectively they expect to spend around $650bn on AI and related projects this year.

Amazon Powers Up Record Q4 Sales, Forecasts 50% Increase in Capex for 2026 to $200 Billion

Amazon‘s shopping cart spilled over in the fourth quarter of 2025: The ecommerce behemoth raked in a record $213.4 billion in revenue that beat Wall Street expectations. But the company’s shares fell in after-hours trading Thursday after Amazon said it expected to increase capital spending roughly 50% to $200 billion for 2026 as it races to compete in the AI space.

Overall net sales for the year-end 2025 holiday shopping quarter increased 14%. Net income was $21.2 billion (up 5.9%), translating to $1.95 per diluted share, which slightly missed forecasts.

Meanwhile, Amazon continued to carve off a bigger chunk of the digital ad market. Q4 advertising revenue totaled $21.32 billion, up 23%, which slightly topped expectations. Amazon’s ad services includes Prime Video ads and other video advertising, display ads and sponsored ads sold to sellers, vendors, publishers, authors and others. (By default, Prime Video, included as perk for Prime members, includes ads unless you pay extra for a no-ads experience.)

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February 6, 2026